How do I find whether this heuristic is or not admissible and consistent?
Welcome to AI.SE @hpr16!

Your understanding of when a heuristic is admissible is correct, but your heuristic is inadmissible. An admissible heuristic must always underestimate the cost to move from a given state to a goal state. 

Notice that states in the search are not the same as positions on the circle in your problem. A state needs to capture all the information about the current environment the agent is in. In your problem, agents have a speed as well as a position. A state must, therefore, contain both.

To see why your heuristic is inadmissible because the agent can move (n-z) segments in less than n-z steps: it can speed up, and do them in, for example, (n-z)/2 steps, by moving with speed 2.